The stock market has gone 74 days without making a new high but that hasn't stopped the bulls from boasting about how it is up or flat six days in a row. I still say to sell into strength - David Rosenberg, Gluskin-SheffThe narrative that the economy continues to improve is a myth, if not intentional mendacious propaganda. The economy can't possibly improve with the average household living from p...Read More
Source: Osisko Mining Inc.Osisko Mining Inc. [OSK-TSX; OBNNF-OTC] was an active trader Tuesday May 15 after the company released the first mineral resource estimate for its Windfall Gold deposit located between Val-d'Or and Chibougamau in the Abitibi region of Quebec. The shares eased 20% or $0.54 to $2.16 in early afternoon trading Tuesday on volume of 3.2 million shares. The 52-week range is $5....Read More
Lumina Gold's diamond drill core facility. Source: Lumina Gold Corp.Lumina Gold Corp. [LUM-TSXV; ODMEF-OTC] has released an updated mineral resource estimate for its Condor Project in the Zamora-Chinchipe province, southeast Ecuador.Lumina Gold is a Vancouver-based precious and base metals exploration and development company focused on gold and copper projects in Ecuador.Its Cangrejos gold-copper...Read More
OPEC: Oil Demand RisingOil is priced at $70.05 for WTI, Brent is selling for $78, and Basra Light is going for $74.46. Iran Light is selling for $75.01 in Poland, and natural gas is at $2.883.It's interesting that, despite all the noise, Iranian oil is still selling at a premium...We Called ItJudging by the many new oil bulls popping up in media these days, you'd think that everyone would be readi...Read More
May 15, 2018 (Investorideas.com Newswire) James Kwantes, editor of Resource Opportunites, profiles a company exploring in gold-rush country in the Yukon.It's early afternoon on an overcast Yukon day and CEO Peter Tallman is in show and tell mode at Lone Star, one of Klondike Gold Corp.'s (KG:TSX.V) projects in the heart of the historic Klondike goldfields. The geologist is dressed in old jeans, a...Read More
A strange thing happens when you don’t trust the government. You take responsibility for your actions, instead of shirking your duty and handing off the burden to the collective.I’ve long suspected this. People assume the government will actually do what it says it will. If you think your tax dollars will feed the hungry, house the homeless, and provide for the poor, why bother donatin...Read More
Vancouver, British Columbia - May 15, 2018 (Investorideas.com Newswire) Resources for Future Generations (#RFG2018) will bring International, Canadian and Indigenous peoples to Vancouver for a collaborative and exciting conference dedicated to the availability of resources. The conference will be held on June 16-21, 2018 at the Vancouver Convention Center. RFG2018 will examine three critical resou...Read More
Shill AlarmOne well-known commentator this week opined about the US health care industry: "...the system is designed the churn and burn... to push people through the clinics as quickly as possible.The standard of care now is to prescribe some medication (usually antibiotics) and send people on their way without taking the time to conduct a comprehensive examination." From the annals of modern he...Read More
Vancouver, British Columbia - May 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today that drill crews have mobilized to the Area of the Cerro project to complete final preparations in advance of the arrival of the drill. The work is part of Southern Silver's $3 million 2018 exploration program on Cerro Las Minitas...Read More
Toronto, Ontario - May 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce initial deep auger soil sample results from its newly identified Caribe prospect in the Golden Triangle region of northeastern Nicaragua.The Caribe prospect forms a part of the Company's 50-50 Strategic-Alliance agreement (see...Read More
The junior resource space is one of the highest-risk/highest-reward sectors in the investment landscape.Double-digit gains and losses are common - often in the same day.Early in my career, a mentor and friend asked me if I knew the fastest way to make a small fortune in the junior resource space.I eagerly waited for my dose of wisdom and he replied, "by starting with a big fortune."I didn't laugh....Read More
A strange thing happens when you don’t trust the government. You take responsibility for your actions, instead of shirking your duty and handing off the burden to the collective.I’ve long suspected this. People assume the government will actually do what it says it will. If you think your tax dollars will feed the hungry, house the homeless, and provide for the poor, why bother donatin...Read More
CloseGain/LossGold $1313.50-$5.40Silver$16.52-$0.15XAU83.47-0.47%HUI181.93-0.17%GDM636.96-0.46%JSE Gold1066.44-1.86USD92.62+0.08Euro119.38-0.06Yen91.28-0.19Oil$70.96+$0.2610-Year2.993%+0.023T-Bond142.75-0.375Dow24899.41+0.27%Nasdaq7411.32+0.11%S&P2730.13+0.09% The Metals: Gold gained $3.40 to $1322.30 in Asia before it chopped back to $1318.10 in early New York trade and then bounced back...Read More
By Ambrose Evans-Pritchard, Daily TelegraphFirebrand populists of Left and Right are poised to take power in Italy, forming the first "anti-system" government in a major West European state since the Second World War.Source: Wikimedia CommonsLeaders of the radical Five Star Movement and the anti-euro Lega party have been meeting to put the finishing touches on a coalition of outsiders, the "nigh...Read More
The US wants a major chunk of the investments in North Korea if a deal is reached on nuclear disarmament. This is my view for North Korea. Iran wanted to abandon the US dollar for crude oil pricing with cancelling of nuclear deal as a fall out. Trump further has reversed the ZTE Corp order so that it can negotiate with the Chinese. Gold bulls are caught between the devil and deep sea. On one han...Read More
Total: 47 14 33Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases. While the Chinese and Russian governments have been adding gold to their official reserves over the past several years, Turkey added 86 metric tons to its official holdings in the last seven months of...Read full newsRead More
"Morgan Stanley out with good analysis on the impact of rising oil prices, pushing up the cost curve for all metals, particularly #nickel"Read full newsRead More
Jayden Resources, Cordoba Minerals, Asian Mineral Resources, Pacton Gold and Hunt Mining were last week's top-gaining mining stocks on the TSXV.Read full newsRead More
The death toll has climbed to 55, the health ministry says.Read full newsRead More
So much for the billions spent buying pesos on Friday...Read full newsRead More